Member Info for Blimeyori

Cu$8537 looking very positive for end of 2022.

Copper looking firm at c8,340$ mt

Topped up at 2.026. Showing as a sell at 2.03 so guess the other trades at 2.03 are in fact buys.

Cu around $8,200 mt. Hopefully even higher in 2023.

Yes many thanks to Iceberg for his update and clarification of what is a complex situation for many of us. It gives me a glimmer of hope that all is not (yet) lost and hopefully some of us might even at least break even. Miracles do sometimes happen but when is the big question?

Great. Just shows how with modern technology a lower grade ore can become profitable.

Certainly looks like a game changing process for extracting more copper. Deals are being done by the big players with junior miners too!

Thanks Steve for the time and effort you have put into your analysis. Albeit very depressing and now begs the question what value if any is there in these shares? Many of us previously in profit are now definitely in the red. It almost seems like the whole enterprise has morphed inadvertently into an enormous Ponzi scheme.

hTTps://www.mining.com/worlds-biggest-copper-mine-moves-closer-to-strike/

The last few days have caused most of us to age considerably more than a few months!

Does anyone think more funding will now be needed?

Well it is a hard reality check for many of but at least it has hopefully cleared the fog of doubt, uncertainty and unrealistic hopes of the sp being anywhere between 10p and 100p.
Potential buyers can pour over this updated data and surmise what value the next RNS will add to the pot. They should then be able to prepare their bids (hopefully).
We are somewhat downcast but far from out. Clearly the LTHs will benefit the most.

Sounds reasonable. I can live with that. Thanks.

Why would anyone sell 24 or 25 shares valued at less than £1, even if they happen to be dealing costs free? This waiting for news is really getting to me. Really hope will come by end of this month.

Cu $8,440.5 looking like a possible strong end to year.

Cu $8,033mt. Great to be back in the $8k area again, just as the hoped for 'big transformational news' arrives.

$7973 mt. Looking very positive again.

Good to see a modest increase in buys this early in the week. Is the tide beginning to turn in our favour? I suspect it must be as we approach year end and lots of potentially favourable news due.

ii currently showing sp +0.213. Not seen such a decent rise for a while. Hope will hold until close.

Well we know how that all ended!